River Co. owned 80% of Boat Inc. The two companies filed a consolidated income tax return and River used the initial value method to account for the investment. The following information was available from the two companies' financial statements: 
Operating income included net unrealized gains, which are associated with transfers of inventories between the two companies, but it did not include dividends received from a subsidiary. The income tax rate was 30%.
-What was the amount of income tax expense that should have been assigned to Boat using the separate return method?
Definitions:
Anxious Temperament
A predisposition to respond with anxiety to uncertain or challenging situations.
Easy Temperament
A child's behavioral style characterized by regularity, adaptability, and a generally positive mood.
Difficult Temperament
A temperament characterized by intense reactions, frequent negative moods, and a slow adaptation to new experiences and environments.
Wary
Feeling or showing caution about possible dangers or problems; watchfulness.
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